Eight Advisory carried out Kley Group’s financial vendor due diligence on behalf of Oaktree investment fund.

14 November 2019

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Eight Advisory carried out Kley Group’s financial vendor due diligence on behalf of Oaktree investment fund.

Oaktree Capital Management and Kley approached Eight Advisory’s Real Estate teams to carry out the due diligence vendor in connection with the exit of the Kley Group’s capital.

Created by Oaktree in 2014, Kley is a real estate investor and operator of student and co-living residences in France. The group has now a portfolio of 7 student residences, with a capacity of approximately 2,500 beds, and has secured 14 new residences to operate approximately 3,300 additional beds.

The sale of the group was concluded with Axa Investment Managers – Real Assets.

The Eight Advisory team was composed of Eric Demuyt, Managing Director; Philippe Méjean, Real Estate Partner and Jonathan Gleize, Manager.

 

About Eight Advisory: Eight Advisory advises company managers, investors and banks within the context of corporate Transactions, Restructuring and Transformation in France and abroad. Its 440 employees, including 50 partners, offer their financial and operational expertise in support of corporate decision-making.

Eight Advisory is a European company, based in France, UK, Belgium, Nederlands and in Germany and is also the founding member of Eight International a network composed of a number of independent partners located in 20 countries throughout Europe, the Americas, Asia & Oceania.